$3,995/mo - 250 Wellington Street Unit 1435, Downtown Toronto
Condo for Rent in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13605650
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Client Remarks** Discover Luxury Living in the Heart of Toronto! Welcome to your fully furnished luxury condominium at The Icon modern elegance meets convenience Amazing Direct South View of the CN Tower and Rogers Center with loads of sunshine and a very large balcony popular model in size and layout. * This centre hall plan allows no wasted space, you can enjoy the full size of living space * Each room is defined plus super attractive spacious Living Room and dining room combo features a walk out to Large Private Balcony offering the exciting vibrant colors of the CN Tower View and super cool attraction of the Rogers Centre. The Large Primary Bedroom offers excellent space for the quality King Size Bed, a dresser and 2 night tables. The whole Space is usable! Enjoy a chef inspired galley kitchen with lots of counter space. * Spacious Living * Great Dining Room fits Table w/4 Chairs too. Enjoy wonderful New & Modern colour quality vinyl flooring throughout, this unit is allergy free. This Icon 2 Luxury Building has a back door entrance into the laneway at the rear, right to you Mercer Street and John so it is only 1 minute to walk through the doors of Metro Hall for the P.A.T.H Shopping, Subway - Union Station and all Transit lines plus Go train ** Amazing to walk through that whole underground city to the Eaton's Centre and Dundas Square -- plus other various attractions. BEST Toronto!! ** All inclusive Wifi, TV and Netflix 24-hour concierge, a rooftop lounge on the 19th floor, a fully equipped gym, sauna, and pool. Elevate your lifestyle in this exceptional condominium. Your urban oasis awaits! **** EXTRAS **** 24 Hr Concierge, Top Quality Equipment in Exercise/Gym, Sauna, Aqua Spa indoor pool, Two 19th Floor Terraces, BBQ's, Loungers * Stunning View of Cn Tower and Rogers Center > Cyber Lounge, Party Room, Billiard Room - Amazing Building just 1 minute from Toronto's New Sutton Place Hotel. This location is the most vibrant area of the Entertainment district.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
250 Wellington Street Unit 1435, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $3,995/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.